Diwali is about to start so Rock your five days with Mahavastu tips which today we are going to provide. Diwali is the festival of wealth and prosperity so traders must need to take right decision with action as it has been said, ”Diwali pe Diwala Nahi nikalna chaiye” (One should not be bankrupt in these days). For these days Traders can consult to our Maha Vastu experts for buying and selling the stocks for these perfect days. This Diwali-Investelite Research advice you to clear your vision of trading just as you clean your house for Diwali.
Here are some ideas that trader should keep in mind for these 5 days of the festival as festivals usually impacted different scenarios for traders while trading in these days.
Dhan refers to wealth. It is the day of celebrating of wealth and welcome to the beginning of the festival. On this day, we worship Goddess Lakshmi and Lord Kuber in the prospect of doubling the benefits of such prayer. Dhanteras signifies buying the shares or purchasing any item is the perfect day with this Traditional investors will buy a couple of shares as a ritual.
Investelite Research advice you that the market sentiment will be driven by international and domestic news along with declarations from India and global corporate giants so trader must be aware of market sentiment that is driven by market forces.
2. Anant Chaturdashi:
It is the day before Diwali which teaches us to become financially strong by applying proper wisdom and efforts. There is no importance of scattered knowledge. One must diversify its portfolio with clear technics and fundamentals. Grow your money with the right decision. Markets may fluctuate it’s only up to you how you can perpetuate.
This is the biggest day and on this day trading session considers as Muhrat trading and it happens usually at evening between 6.30 to 7.30 p.m. for 1 hour. Currently, the market is very bearish. Nifty bounce back with 10,168 points in the market. So, you never know whether the bearish trend might end here or not. Trade Carefully with token investments we suggest. One should prefer to take token orders due to shallow market and wide bid-ask spread in trading for short duration on Muhrat Trading.
4. Govardhan Puja & Padwa:
Many events perform on this day, some called this day as balipratipada, Govardhan Puja and Padawan. But the one thing common in this day is it guides to stay away from negative creation. There is no denying the fact that there is high volatility in the trading hour of Diwali so one should not get disappointed from seeing the bearish market but to learn and analyze from bear market and sparkle your portfolio for a good return.
5. Bhai Duj:
It is the day of brother-sister strong relationships to grow and you can grow your strong portfolio. Pick your stocks wisely and stay put. Since this day we celebrate to nurture the relationships for long-term same as picking the stocks that can give you future return. Investelite research provides equity future, future growth and prime future pack for traders that suits to get the maximum return with appropriate stop loss.
Nifty is hovering around their record highs, rupee depreciation, hike in oil prices are affecting market currently so one must not forget that the economy is going through a bumpy ride. So, “Trade well and save yourself from the market hell”.
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